'A positive oil shock has a detrimental effect on growth and activity.'
Fresh dollar selling by exporters on hopes of fall in the USD after downward revision to that country's first quarter GDP growth also helped rupee recover as hopes surfaced that the Fed may delay the plan to taper of monetary stimulus.
Silver also surged by Rs 1,050 to Rs 35,500 per kg on increased offtake by industrial units and coin makers.
Rupee rebounds from one-week low, up 9 paise against dollar.
Traders said apart from increased buying by jewellers and retailers to meet seasonal demand, a firming trend in global markets on increased tensions in Ukraine and weakening dollar mainly influenced precious metal prices.
anchester City thrashed Brazilian side Fluminense 4-0 to cap a remarkable year by capturing their fifth trophy of 2023
Only the top 5 per cent profit makers account for 75 per cent of profits.
The gymnast, who captured four gold medals at the 2016 Rio Olympics, said she will alter her approach to Paris, if she indeed decides to go.
Cristiano Ronaldo guided nine-man Al-Nassr to their first ever Arab Club Champions Cup title after scoring twice in a 2-1 extra-time win.
The Indian women thus avenged their 0-1 defeat against Japan in the last edition of the Games in Jakarta in 2018.
Indian men's hockey team finish third...
Traders said increased buying by jewellers and retailers, triggered by upcoming festive season, led to recovery in prices of the precious metal.
Gold prices rebounded by Rs 190 to Rs 31,000 per ten grams in the national capital today on pick up in festive season demand.
'The CEA suggested that could be as high as 19 per cent.'
Tottenham Hotspur opened a five-point lead at the top of the Premier League with a 2-1 victory at Crystal Palace as their unbeaten start to the season continued on Friday.
Real Madrid's Jude Bellingham again proved the match-winner as he struck in added time to snatch a 2-1 victory over Getafe as the Spanish giants made their home debut in La Liga this season.
Silver maintained its rising streak for the fourth consecutive day and advanced Rs 100 to Rs 42,400 per kg on sustained buying by industrial units.
Arsenal had more than twice as many chances but failed to take any as the visitors defended gamely.
On the Sensex chart, Tata Steel, HDFC Bank, Ultratech Cement, PowerGrid, ONGC, Kotak Bank and Axis Bank were among prominent gainers. Nifty settled 82.10 points or 0.70 per cent up at 11,762.45.
Growing at a robust rate due to economic reforms in key sectors like digitisation and infrastructure, India has emerged as a star performer and is projected to contribute more than 16 per cent of the global growth, the International Monetary Fund said on Monday. "What we have been observing for quite some time now is that India has been growing at a very robust rate. "It's one of the star performers when it comes to real growth when you look at peer countries.
Bukayo Saka scored either side of halftime as Arsenal crushed second-bottom Burnley 5-0.
Listed companies' net profit as a percentage of gross domestic product (GDP) has hit a decadal high and is expected to edge even higher over the next two financial years. According to an analysis by ICICI Securities, India's Inc net profit stood at Rs 8.4 trillion, or 4 per cent of GDP of Rs 210 trillion for the trailing 12-month period ending September. This is the highest since financial year 2011-12 (FY12), when it was at 4.6 per cent.
The fees charged by investment banks to manage initial public offerings (IPOs) have increased to an average 3.23 per cent of the issue size this calendar year, the highest since 2020. The average fee is up 8 per cent compared to last year, when it stood at 2.99 per cent. The investment banking fees have increased as the average IPO size has shrunk this year.
James Anderson, who turns 41 on Sunday, is England's leading wicket taker in Tests with 690 dismissals.
Macroeconomic data announcements, global trends and trading activity of foreign investors would guide momentum in the equity market this week, analysts said. Markets ended a five-week losing streak and gained nearly a per cent last week, helped by a sharp rebound on Friday. Last week, the BSE benchmark jumped 500.65 points or 0.77 per cent and the Nifty gained 169.5 points or 0.87 per cent.
Paris St Germain closed out the year on a high as they maintained their five-point advantage at the top of the table.
As many as 31 mainboard IPOs raised a cumulative Rs 26,272 crore in this period, according to Prime Database. During the April-September 2007 bull run, 48 IPOs totalling Rs 21,243 crore were launched. The number of deals in H1FY24 was 2.2 times that of the same period of the last fiscal year, but the amount raised was 26 per cent lower.
Fundraising via initial public offers (IPOs) dropped 52.2 per cent to $147.2 billion in the first eight months of calendar year 2023 (CY23), suggests a recent report by GlobalData, a London-based analytics and consulting company. At the country level, the report suggests, India topped the charts with 152 transactions worth $3.8 billion during this period, primarily due to a higher number of SME IPOs, followed by the US with 99 deals totaling $16 billion, while China ranked third with 88 transactions worth $32.3 billion. "An analysis of GlobalData's Deals Database reveals that there were 750 IPO listings registered with an aggregate deal value of $147.2 billion in the first eight months of 2023 on the stock exchanges worldwide.
With sentiment for the automotive (auto) sector turning positive, stocks of two-wheeler auto majors have been hitting their 52-week highs. Hero MotoCorp, Bajaj Auto, TVS Motor Company, and Eicher Motors recently reached their yearly highs on strong sales in the festival season and the expectation of faster growth rates ahead. Since the start of this month, listed two-wheeler majors have delivered returns in the 12-17 per cent range, compared to the 7 per cent gains for the S&P BSE Auto Index and 3 per cent for the benchmark S&P BSE Sensex.
Reliance Industries, Infosys and Tata Motors were the top contributors
Biden's physician said that the rebound in COVID-19 positivity is observed in a small percentage of patients treated with PAXLOVID. However, there is no need to initiate treatment as Biden has experienced no reemergence of symptoms and continues to feel quite well.
Jarrod Bowen and Mohammed Kudus' second-half goals gave West Ham a 2-0 win over Manchester United in the Premier League's early game on Saturday, as the Hammers briefly moved into the top six.
Bernardo Silva and Jack Grealish scored three minutes apart as Manchester City came from behind to beat Premier League newcomers Luton Town.
A round-up of Wednesday's action in the UEFA Champions League
Bharti Airtel , RCom and Tata Communications ended down between 0.1-1%.
The Indian economy is projected to grow at 6.3 per cent in current financial year aided by investment and domestic demand. According to a World Bank report released on Tuesday, India continues to show resilience against the backdrop of a challenging global environment. In India, which accounts for the bulk of South Asia region, growth is expected to remain robust at 6.3 per cent in 2023-24, India Development Update of the World Bank said.
After scoring, Messi stopped and pointed from the field at the team co-owner David Beckham, who was watching the game. The gesture was met with a wide smile from the former Manchester United great who helped lure Messi to the MLS despite a massive counter offer from Saudi Arabia.
It's all eyes on the consumer durables sector during the festival season after a weak Q1FY24 and Q2FY24 was impacted by an erratic monsoon. Traditionally, this period sees the highest number of purchases. Dealers and manufacturers are complaining about low business-to-consumer (B2C) off-take during the first half.
Silver also rose 0.8 per cent to $16.63 an ounce.
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